Next Insurance

Acquired

Tailored business insurance. Zero hassle. Big savings.

Palo Alto, United States · Founded 2016 · $1.1B raised

Employees
501–1000
Founded
2016
Business Model
B2B
Total Funding
$1.1B
Last Round
$265.0M Series EOct 2023
Rounds
6
Acquisition Date
Mar 2025

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

ERGO NEXT Insurance helps entrepreneurs obtain customized small-business coverage at an affordable price and manage policies whenever needed. Its online service supports small-business owners, agents, and platform partners, including embedded insurance integrations. The company combines insurance expertise with a digital-first approach intended to make business insurance faster, smarter, and simpler.

Summary

Next Insurance is a Fintech company based in Palo Alto, United States, founded in 2016. It has raised $1.1B in total across 6 rounds, most recently a $265.0M Series E round in Oct 2023. Investors include Munich Re Ventures, Allstate and CapitalG.

Tech & App Stack

5 technologies & apps tracked

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Funding & Exit History

AcquisitionAcquisition by ERGOMar 2025

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Funding: Series A through Series E. Amounts, valuations, and investors where available.

Investors

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